Pengaruh Struktur Kepemilikan terhadap Kualitas Laba (Studi Empiris Perusahaan Manufaktur yang Listed di BEI Tahun 2009-2011)
Abstract
This study aims to obtain evidence of the influence of ownership structure as measured by managerial and institutional ownership on earnings quality. This study used 37 companies listed on the Indonesia Stock Exchange. The sample selection was carried out using purposive sampling method. The research period was conducted from 2009 - 2011. To simplify the data processing stage, two categories of variables were used. The first is the independent variable, namely managerial ownership and institutional ownership. Second is the dependent variable is the quality of earnings. The analytical method used is quantitative using multiple regression models. Based on the results of hypothesis testing, it can be concluded that managerial ownership structure and institutional ownership do not have a significant effect on the earnings quality of manufacturing companies listed on the Indonesia Stock Exchange. So it can be concluded that during the observation period in this study the ownership structure as measured by managerial ownership and institutional ownership is not a variable that affects the quality of earnings in manufacturing companies listed on the Indonesia Stock Exchange.
References
Boediono, Gideon.2005. Kualitas Laba: Studi Pengaruh Mekanisme Corporate Governance dan Dampak Manajemen Laba dengan Menggunakan Analisis Jalur. Simposium Nasional Akuntansi (SNA) VIII Solo.
Bringham, F. Eugene dan Joel, F. Houston. 2006. Dasar-Dasar Manajemen Keuangan. Buku 1 Edisi 10. Salemba Empat. Jakarta
Bushee, Brian J. 1998. Institutional Investor, Long Term Investment, and Earnings Management. The Accounting Review, Vol.73. No.3. p.305-333.
Cornett M. M, J. Marcuss, Saunders dan Tehranian H. (2006). Earnings Management, Corporate Governance, and True Financial Performance. http://papers.ssrn.com/.
Dechow, Patricia M., Richard G. Sloan, and Amy P Sweeney. 1995. Detecting Earnings Management. The Accounting Review, Vol.70. No.2. April, p.193-22
FASB. 1978. Statement of financial Accounting Concept no.1. Objective of financials Reporting by Bussiness Enterprises. Stamford .Connecticut.
Fidyati, Nisa. 2004. Pengaruh Mekanisme Corporate Governance Terhadap Earnings Management Pada Perusahaan Seasoned Equity Offering (SEO). Jurnal Ekonomi, Manajemen dan Akuntansi. Vol. 2 (1): 1-23.
Gabrielsen, Gorm., Jeffrey D. Gramlich and Thomas Plenborg. 2002. Managerial Ownership, Information Content of Earnings, and Discretionary Accruals in a Non-US Setting. Journal of Business Finance and Accounting, Vol.29. No.7 & 8. September/ October, p.967-988.
Ghozali, Imam. 2011. Aplikasi Analisis Multivariate dengan Program SPSS. Badan Penerbit Universitas Diponegoro.
Iturriaga, F. J. L. and Sanz J. A. R., 1998, Ownership Structure, Corporate Value and Firm Investment: A Spanish Firms Simultaneous Equations Analysis, Working Paper; Universidad De Valladolid, 1-32.
Jensen, Michael C. dan W. H. Meckling. 1976 Theory of the Firm: Managerial behaviour, agency Cost and Ownership Structure.Journal of Financial Economics. Vol. 3 (4): 305-360.
Kast, E. Fremont dan James, E. Rosenzweig. 2007. Organisasi dan Manajemen 2. Edisi Keempat. Bumi Aksara. Jakarta.
Keown, N, Arthur dan John, D, Martin. 2008. Manajemen Keuangan: Prinsip dan Penerapan. Edisi Kesepuluh Jilid 1. Indeks. Jakarta.
Lee, J. and C.W. Park. 2000. Intraday Stock Price Reactions to Interim-Quarter versus.
Midiatusty, Pratana P dan Machfoedz, Mas’ud. 2003. Analisis Hubungan mekanisme Corporate Governancedan indikasi manajemen laba. Simposium Nasional Akuntansi VI. Surabaya.
Morck, R., A. Shleifer and R.W. Vishny. 1989. Alternative Mechanism for Corporate Control. American Economics Review, Vol. 79. p.842-852.
Paulus, Christian. 2011. Analisis Faktor-Faktor yang Mempengaruhi Kualitas Laba. Penerbit Universitas Diponegoro.
Praditia, Rezika Okta. 2010. Analisis Pengaruh Mekanisme Corporate Governance terhadap Manajemen Laba dan Nilai Perusahaan pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia Pada Tahun 2005-2008. Universitas Diponegoro.
Rahmawati. A. dan Triatmoko. H. 2007. Analisis Faktor–Faktor yang Mempengaruhi Kualitas Laba dan Nilai Perusahaan. Simposium Nasional Akuntansi X.Makassar.
Rajgopal, Shivaram and Mohan Venkatachalam. 1998. iThe Role Institutional Investors in Corporate Governance: An Empirical Investigationi. Working Paper. University of Washington.
Riahi, Ahmed dan Belkoui. 2005. Teori Akuntansi. Edisi 5. Salemba Empat. Jakarta.
Schipper, Khaterine and Linda Vincent. 2003. Earnings Quality. Accounting Horizons,Vol.17. Supplement, p.97-110.
Scott, William R., 2000. Financial Accounting Theory. Second edition. Prentice Hall. Canada.
Ross, Jeff Westerfield. 2005. Corporate Finance. McGraw-Hill. Irwin.
Sari Rahayu dan Ridwan M. 2010.Pengaruh Corporate Governance Terhadap Tingkat Perataan Laba Pada Perusahaan Manufaktur yang Listed di BEI.Jurnal Akuntansi dan Keuangan Volume 2 Nomor 4. Universitas Brawijaya, Malang.
Sekaran, Uma. 2011. Research Methods for Business. Fourth Edition. JohnWiley & Sons. New York.
Silvia, Siregar Veronica N.P., dan Siddharta Utama. 2005. Pengaruh Struktur Kepemilikan, Ukuran Perusahaan dan Praktik Corporate Governance terhadap Pengelolaan Laba (Earnings Management)”Simposium Nasional Akuntansi (VIII). Solo.
Subramanyam, R.K dan John, J. Wild. 2008. Analisis Laporan Keuangan. Edisi 10. Salemba Empat. Jakarta.
Suryani, Dewi. 2010 Pengaruh Mekanisme Corporate Governance terhadap Manajemen Laba dan Nilai Perusahaan pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia. Universitas Diponegoro.
Ujiyantho, M Arief dan Pramuka. B. Agus. 2007. Mekanisme Corporate Governance, Manajemen Laba dan Kinerja Perusahaan. Simposium Nasional Akuntansi X. Makassar.
Wahyudi, Untung dan Hartini P. Pawestri. 2006. Implikasi Struktur KepemilikanTerhadap Nilai Perusahaan: Dengan Keputusan Keuangan Sebagai Variabel Intervening. Simposium Nasional Akuntansi (SNA) IX. Padang.
08. Tingkat Konservatisme Akuntansi Di Indonesia Dan Hubungannya Dengan Karakteristik Dewan Sebagai Salah Satu Mekanisme Corporate Governance. SNA Pontianak.
Copyright (c) 2019 Jurnal Kajian Akuntansi dan Auditing
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Please find the rights and licenses in Jurnal Kajian Akuntansi dan Auditing (JKAA). By submitting the article/manuscript of the article, the author(s) agree with this policy. No specific document sign-off is required.
1. License
The non-commercial use of the article will be governed by the Creative Commons Attribution license as currently displayed on Creative Commons Attribution-NonCommercial 4.0 International License.
2. Author(s)' Warranties
The author warrants that the article is original, written by stated author(s), has not been published before, contains no unlawful statements, does not infringe the rights of others, is subject to copyright that is vested exclusively in the author and free of any third party rights, and that any necessary written permissions to quote from other sources have been obtained by the author(s).
3. User/Public Rights
JKAA's spirit is to disseminate articles published are as free as possible. Under the Creative Commons Attribution-NonCommercial 4.0 International License, JKAA permits users to copy, distribute, display, and perform the work for non-commercial purposes only. Users will also need to attribute authors and JKAA on distributing works in the journal and other media of publications. Unless otherwise stated, the authors are public entities as soon as their articles got published.
4. Copyrights Holder
With the receipt of the article by Editorial Board of the Jurnal Kajian Akutansi dan Auditing (JKAA) and it was decided to be published, then the copyright regarding the article will be diverted to Jurnal Kajian Akutansi dan Auditing (JKAA).
Jurnal Kajian Akutansi dan Auditing (JKAA) hold the copyright regarding all the published articles and has the right to multiply and distribute the article under
